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National income   /nˈæʃənəl ˈɪnkˌəm/   Listen
National income

The total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr).

WordNet 3.0 © 2010 Princeton University

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"National income" Quotes from Famous Books

... one of the most prosperous in the Caribbean, is highly dependent on tourism, which generates an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1997. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. An estimated ...
— The 2000 CIA World Factbook • United States. Central Intelligence Agency.

... of the most prosperous in the Caribbean area, is highly dependent on the tourist industry, which generates about 21% of the national income. In 1985 the government offered offshore registration to companies wishing to incorporate in the islands, and, in consequence, incorporation fees generated about $2 million in 1987. The economy slowed in 1991 ...
— The 1995 CIA World Factbook • United States Central Intelligence Agency

... faced seriously. Suppose, for example, that you have now a total budget of 900 million pounds, and that, in the course of time, all values are expressed at half the present currency figure. Imagine that the national income in this instance is 3600 million pounds. Then the burden, on a first approximation, is 25 per cent. Now, if the whole budget is responsive, we may find it ultimately at 450 million pounds out of a national income of 1800 million pounds, i.e. still 25 per cent. But let the non-responsive ...
— Essays in Liberalism - Being the Lectures and Papers Which Were Delivered at the - Liberal Summer School at Oxford, 1922 • Various

... not pretend, then, that I have a system ready to replace all the other systems. Obstructing the way of the proper organization of childhood, as of everything else, lies our ridiculous misdistribution of the national income, with its accompanying class distinctions and imposition of snobbery on children as a necessary part of their social training. The result of our economic folly is that we are a nation of undesirable ...
— A Treatise on Parents and Children • George Bernard Shaw

Words linked to "National income" :   value

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